Home US Trade Chief Nominee Tai: Will fight Chinese trade barriers, including censorship
FXStreet News

US Trade Chief Nominee Tai: Will fight Chinese trade barriers, including censorship

Katherine Tai, US President Joe Biden’s nominee for Trade Representative, said Monday, would work to fight a range of “unfair” Chinese trade and economic practices, including censorship, in written answers to senators’ questions following her confirmation hearing last week.

Key quotes

“I am open to exploring a wide range of options to address our long-standing problems with China’s unfair trade practices, including bilateral talks.”

“However, I will not hesitate to act if those talks prove ineffective,” she added, without naming specific consequences.”

Asked how she would handle “Section 301” tariffs on Chinese goods and tariff exclusions that are now expiring, Tai said she would work to “ensure that those tariffs are appropriately responsive to China’s practices and take into account the impact on US businesses, workers and consumers.”

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.